Question

What is the labeled price of the article? Statement I: The profit earned would be 20% if no discount is offered. Statement II: The SP after offering 10% discount on the labeled price is Rs. 720.

A If the data in statement I alone are sufficient to answer the question, while the data in statement II alone are not sufficient to answer the question.

B If the data in statement II alone are sufficient to answer the question, while the data in statement I alone are not sufficient to answer the question.

C If the data either in statement I alone or in statement II alone is sufficient to answer the question.

D If the data even in both the statement I and II together are not sufficient to answer the question

E If the data in both statement I and II together are needed to answer the question.

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What is the labeled price of the article? Statement I: The profit earned would be 20% if no discount is offered. Statement II: The SP after offering 10% discount on the labeled price is Rs. 720.

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